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Fayette County Schools Face Financial Audit | Lexington News
Fayette County’s school district is facing serious financial scrutiny after an audit revealed outdated policies, poor spending tracking, and a dangerously low reserve fund—just 1% versus the state’s 2% minimum and their own 6% goal—while already running a projected deficit. With over 70 recommendations to fix budgeting, travel expenses, and risk analysis, interim CFO Kyna Koch and Board Chair Tyler Murphy vow to act swiftly, prioritizing transparency with regular updates as they tackle these critical weaknesses head-on. Listen in comfort:Get a discount on a Soli Pillow…
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